LKV Realty
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Evann GrealishBetter Properties UP/Fircrest
$559,950
31327 12th Place S, Federal Way, WA 98003Listing ID 2560731

31327 12th Place S, Federal Way, WA 98003

Active
Mirror Lake
Last updated: 6 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,440
Acres
Acres
0.22
Cooling
Cooling
Forced Air, Heat Pump
Heating
Heating
Forced Air, Heat Pump
Year Built
Year Built
1955
Parking
Parking
Driveway, Attached Garage, Off Street

Welcome to this beautifully updated Federal Way property, ideally located just minutes from shopping, dining, and commuter routes. The main home and ADU have been thoughtfully updated within the last two years to include brand new exterior paint, updated kitchens, flooring, bathrooms, and a new roof! Featuring a versatile layout with a fully separate ADU, this home offers the perfect opportunity for multigenerational living, supplemental rental income, or a savvy investment. Outside, you’ll find both a large fully fenced front yard and backyard. Whether you’re looking to offset your mortgage with rental income or expand your investment portfolio, this property delivers exceptional flexibility. The main home has a strong rental history at approximately $2,290 per month, while the ADU has rented for approximately $1,350 per month, creating an attractive income-producing opportunity.

Property Information

Property Details

Location

Address
31327 12th Place S
County
King
City
Federal Way
Zip Code
98003
Subdivision
Mirror Lake
School District
Federal Way
High School
Federal Way Snr High
Elementary School
Mirror Lake Elem
MLS Area
110 - Dash Point/Federal Way

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
1,440
Year Built
1955
Construction
Wood
Roof
Composition

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,300
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 03:55 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM153847

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.